BSP Circular Letters BSP Circular LetterBSP Circular Letter 1999-06-10T00:00:00.000+08:00

To authorize the establishment and operation of BANGKO KREDITO SAVINGS AND MORTGAGE BANK, INC. as a thrift bank

CIRCULAR LETTER Series of 1999

TO : All Banks and Non-Bank Financial Institutions with Quasi-Banking Functions

The Monetary Board, in its Resolution No. 46 dated 7 January 1998, authorized the establishment and operation of BANGKO KREDITO SAVINGS AND MORTGAGE BANK, INC. as a thrift bank.

The Certificate of Authority to operate was signed and issued by the Governor on 4 May 1999. The bank started operations on 5 May 1999.

ALBERTO V. REYES Deputy Governor

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